With Bitcoin dropping 18% in April, and 10% this week, traders are bearish. Is the bull run over? Bitcoin dropped to $56,675 in the lead-up to Wednesday’s Fed decision with the Bitcoin bull run in danger of stalling, as market sentiment turns bearish. On Tuesday Bitcoin had dropped around 6% dipping below the $60,000 support…
Three prominent figures once hailed as titans in the crypto industry are now facing starkly different fates within the U.S. legal system. The recent sentencing hearings for former FTX CEO Sam “SBF” Bankman-Fried and former Binance CEO Changpeng “CZ” Zhao have sparked widespread comment both within and outside the crypto community. And yesterday, Roger Ver,…
EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem. The protocol unveiled its native token, EIGEN, which the newly formed Eigen Foundation will distribute. Alongside this, EigenLayer introduced a major plan for an airdrop and released a comprehensive new Whitepaper. EigenLayer…
Cryptocurrency trading has evolved significantly since the emergence of Bitcoin in 2009. What started as a niche hobby for tech enthusiasts has evolved into a global marketplace with millions of participants, sophisticated tools, and a wide range of trading strategies. In this article, we will explore the key trends, tools, and techniques that have shaped…
The popular Bitcoin wallet and mixer, Samurai Wallet, has been shut down with its founders accused of conspiring to commit money laundering. Today federal prosecutors brought charges against Keonne Rodriguez and William Lonergan Hill, founders of the Bitcoin wallet and mixer, Samurai Wallet, accusing them of conspiring to commit money laundering. This action reflects the…
In the fast-evolving landscape of digital currencies, Bitcoin stands as the pioneer, capturing the imagination of investors, technologists, and economists alike. At the heart of Bitcoin’s ecosystem lies a unique event known as the halving, which plays a pivotal role in shaping its supply dynamics and, consequently, its price trajectory. As the fourth Bitcoin halving…
Hong Kong regulators have granted approval for the launch of spot Bitcoin and spot Ether ETFs, with funds from ChinaAMC, Harvest Global, and Bosera International receiving the green light from the Securities and Futures Commission. While this development is viewed as bullish, predictions of massive inflows, reaching up to US$25 billion (A$38.8 billion), appear unlikely.…
After the 2024 Bitcoin halving Bitcoin will have a lower inflation rate than gold. Could Bitcoin finally become the ‘safe-haven’ it’s always promised to be? With only a couple of days to go until the 2024 Bitcoin halving, analysts are forecasting a significant shift in the cryptocurrency’s economic model. This shift will see Bitcoin’s inflation…
Upon news of the April 14th Iranian attack on Israel, Bitcoin prices swiftly fell over 7% in less than 40 minutes. While initial reactions to global crises are often sharply negative, historical trends suggest a consistent recovery pattern in financial markets following such events. Bitcoin has emerged as a major player in global finance. However,…
Hong Kong regulators are poised to greenlight spot Bitcoin exchange-traded funds (ETFs), with approvals expected as early as next week. If approved, Hong Kong would join Australia as one of the first jurisdictions in Asia to offer spot Bitcoin ETFs. The approval process has been expedited by Hong Kong regulators, as reported by Reuters. Among…